Suburb Profile Report for Alkimos WA (6038)

Alkimos House: Median price $397,000, Annual capital growth 11.22%, Number of sales 114, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

Alkimos is in the bottom 20% in WA when comparing median price capital growth over the last year. Alkimos gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.78%.

Over the longer term, Alkimos has seen property prices show investors a -11.78% return over the last 3 years. This is the same as over the last 12 months

Vendor discounting in Alkimos is giving property investors an average Vendor Discount of around -6.85%. This puts suburb at number 269th in WA when ranking the most discounted suburbs.

Residents and property investors in Alkimos have been waiting around 129.71 days to sell a property.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

YIP MAG Information supplied by:

YIP MAG
June 2016

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While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.Full summary While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.

The median house price in Alkimos, a suburb named after a Greek freighter shipwrecked off its coast in the 1960s, sits at a respectable $488,500.

Even more respectable is the recent capital growth seen in the area: the median house price has surged by a remarkable 109% in the past five years.

That impressive run may have come to an end though, with only 2% growth recorded in the past year and houses spending close to 100 days on the market.

The strong growth seen in Alkimos has pulled back the suburb’s rental returns, with yields currently sitting at 4%.Close
Metrics i HOUSE UNIT
$397,000 N/A
-3.76% N/A
-11.78% N/A
11.22% N/A
$360 N/A
114 N/A
4.72% N/A
129.71 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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